definitely. I will wait to see the intial reaction to the news and then I'm off and running. Some say they can predict the fed move consistently. I cannot and thats ok. Ive made plenty of money waiting for the action to unfold.

I wait till the first spike up or down then using 1 minute bars i go with the 1 minute trend...

The volume is so huge at this early time just after the announcement that this short time period works well on these days... ...where you can get killed trading 5 min bars on days like this...

The range of a 1 min bar one Fed days will sometimes surpass a 5 min bar range on other days... so why not scale down... anyway found it a lot easier and more profitable to get into intra day trends this way...

later in day when the moves lessen in their intensity and volume decrease i move up to 3 minutes and then back to 5 minutes...